Companies Can Use Both Cash and Mercantile Accounting Systems; Section 209 Companies Act Doesn't Override Section 145 Income Tax Act.

A co. can prepare two set of accounts on Cash System & Mercantile System of Accounting, S.. 209 of Co. Act not overriding to the provi.of S.145 of IT Act .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X